New Found Gold Corp V.NFG

Ore Body

[jwillis9]

Definitely more defined information of the ore body is required hence the other drilling company coming onto the properties'. I would like know the angle of the footwall/hanging wall and what mining method  may have to be used for the deeper levels.The gold is definitely there, just needs more definition and it's in Canada!

[Retiredgeo]

For starters NFG doesn't have "an ore body".  It has a new gold district with over 30 gold zones of different types.  Most of the drilling to date was exploratory drilling in the top 200 m.  The focus was on finding gold zones, not defining any one zone.  There has been zero definition drilling of any gold zone (you are way ahead of them!).  Angles are all

[nozzpack]

So what ? Donlin had 430,000 meters of drilling , we have over 500,000 meters in less than half the depth but the same drill defined strike . This is vein based orogenics , so hit and miss which requires intensive drilling . Inferred Resource category ...100 by 100 m drill spacing  Indicated Resource category ,50 by 50 m drill spacing  Measured...25 by 25 m spacing  Probable